Form 8.5 (EPT/NON-RI) GLENCORE INTL PLC

Form 8.5 (EPT/NON-RI) GLENCORE INTL PLC

BARCLAYS PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Â	GLENCORE INTL PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	Â	Advisor to Offeree
(d) Date position held/dealing undertaken:	Â	18 June 2012
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	Â	YES, Xstrata Plc Â

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	Â	Â	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		3,684,767		0.05%		18,550,117		0.27%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		15,891,087		0.23%		2,346,786		0.03%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,760,000		0.03%		2,075,900		0.03%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				21,335,854		0.31%		22,972,803		0.33%
											Â
Class of relevant security:		Â		Convertible Bond		Â		Â		Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		4,700,000		0.20%		0		0.00%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				4,700,000		0.20%		0		0.00%

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other executive options)

Class of relevant security in relation to which subscription right exists:	Â
Details, including nature of the rights concerned and relevant percentages:	Â

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of relevant	Â	Purchase/sale	Â	Number of	Â	Price per unit
security		Â		securities		Â
ORD		Purchase		200		3.3945 GBP
ORD		Purchase		318		3.3090 GBP
ORD		Purchase		4,541		3.3557 GBP
ORD		Purchase		18,485		3.3578 GBP
ORD		Purchase		23,845		3.3373 GBP
ORD		Purchase		41,528		3.3385 GBP
ORD		Purchase		42,300		41.6326 HKD
ORD		Purchase		46,806		3.2849 GBP
ORD		Purchase		79,406		3.3477 GBP
ORD		Purchase		89,101		3.3211 GBP
ORD		Purchase		89,337		3.3107 GBP
ORD		Purchase		96,345		3.3307 GBP
ORD		Purchase		97,956		3.3518 GBP
ORD		Purchase		98,711		3.3322 GBP
ORD		Purchase		231,222		3.3400 GBP
ORD		Purchase		290,458		3.3245 GBP
ORD		Purchase		320,000		3.2982 GBP
ORD		Purchase		354,879		3.3288 GBP
ORD		Purchase		531,767		3.3338 GBP
ORD		Purchase		1,003,937		3.3463 GBP
ORD		Purchase		1,883		3.3549 GBP
ORD		Purchase		33,494		3.4604 GBP
ORD		Purchase		100		41.5000 HKD
ORD		Purchase		700		41.6500 HKD
ORD		Purchase		1,000		41.2500 HKD
ORD		Purchase		4,800		41.7000 HKD
ORD		Purchase		5,400		41.1500 HKD
ORD		Sale		400		41.1500 HKD
ORD		Sale		400		41.4500 HKD
ORD		Sale		400		42.1000 HKD
ORD		Sale		400		42.7500 HKD
ORD		Sale		500		42.0500 HKD
ORD		Sale		1,000		41.2000 HKD
ORD		Sale		1,400		41.5500 HKD
ORD		Sale		1,900		41.9000 HKD
ORD		Sale		2,000		41.3000 HKD
ORD		Sale		2,700		41.1000 HKD
ORD		Sale		3,600		41.6000 HKD
ORD		Sale		4,600		41.9500 HKD
ORD		Sale		5,000		41.0000 HKD
ORD		Sale		5,500		41.8500 HKD
ORD		Sale		6,000		41.6500 HKD
ORD		Sale		6,900		42.0000 HKD
ORD		Sale		500		3.3925 GBP
ORD		Sale		711		3.3668 GBP
ORD		Sale		862		3.4705 GBP
ORD		Sale		968		3.4070 GBP
ORD		Sale		1,100		41.2727 HKD
ORD		Sale		1,383		3.3855 GBP
ORD		Sale		1,506		3.3933 GBP
ORD		Sale		3,144		3.3476 GBP
ORD		Sale		3,426		3.3948 GBP
ORD		Sale		4,541		3.3559 GBP
ORD		Sale		4,728		3.4515 GBP
ORD		Sale		8,662		3.3178 GBP
ORD		Sale		13,765		3.3498 GBP
ORD		Sale		14,658		3.3119 GBP
ORD		Sale		16,990		3.3728 GBP
ORD		Sale		22,119		3.3237 GBP
ORD		Sale		22,496		3.3791 GBP
ORD		Sale		25,229		3.3182 GBP
ORD		Sale		25,703		3.3587 GBP
ORD		Sale		29,823		3.3400 GBP
ORD		Sale		74,114		3.3213 GBP
ORD		Sale		100,000		3.3393 GBP
ORD		Sale		146,762		3.3310 GBP
ORD		Sale		205,590		3.3410 GBP
ORD		Sale		601,642		3.3220 GBP
ORD		Sale		700,000		3.3380 GBP

(b) Derivatives transactions (other than options)

Class of	Â	Product	Â	Nature of dealing	Â	Number of	Â	Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
ORD		CFD		Long		400		42.6959 HKD
ORD		SWAP		Long		500		3.3925 GBP
ORD		SWAP		Long		2,600		3.3821 GBP
ORD		CFD		Long		13,969		3.3429 GBP
ORD		CFD		Long		137,656		3.3393 GBP
ORD		SWAP		Short		872		3.4386 GBP
ORD		CFD		Short		876		3.3440 GBP
ORD		CFD		Short		2,254		3.3994 GBP
ORD		CFD		Short		3,637		3.4103 GBP
ORD		SWAP		Short		4,100		3.3099 GBP
ORD		CFD		Short		5,595		3.3817 GBP
ORD		CFD		Short		6,775		3.3406 GBP
ORD		CFD		Short		10,446		3.3399 GBP
ORD		CFD		Short		10,496		3.3372 GBP
ORD		CFD		Short		10,900		41.4767 HKD
ORD		SWAP		Short		18,485		3.3578 GBP
ORD		CFD		Short		20,271		3.3592 GBP
ORD		SWAP		Short		46,806		3.2849 GBP
ORD		CFD		Short		89,337		3.3107 GBP
ORD		SWAP		Short		101,744		3.3221 GBP
ORD		CFD		Short		162,972		3.3441 GBP
ORD		SWAP		Short		379,559		3.3237 GBP
ORD		CFD		Short		393,207		3.3447 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security

Â

Product description e.g. call option

Â

Writing, purchasing, selling, varying etc.

Â

Number of securities to which option relates

Â

Exercise price per unit

Â

Type e.g. American, European etc.

Â

Expiry date

Â

Option money paid/ received per unit

(ii) Exercising

Class of relevant security

Â

Product description e.g. call option

Â

Number of securities

Â

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Â

Nature of dealing e.g. subscription, conversion

Â

Details

Â

Price per unit (if applicable)

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: If there are no such agreements, arrangements or understandings, state “none”

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Â

YES Â

Date of disclosure:	Â	19 Jun 2012
Contact name:	Â	Geoff Smith
Telephone number:	Â	020 7116 2913

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Identity of person whose open positions are being disclosed:	Â	BARCLAYS CAPITAL SECURITIES LTD
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:		GLENCORE INTL PLC

2. OPTIONS AND DERIVATIVES

Class

Â

Product

Â

Writing,

Â

Number

Â

Exercise

Â

Type

Â

Expiry

of

description

purchasing,

of

price

date

relevant

selling,

securities

per unit

security

varying etc

to which

option

Â

Â

Â

relates

Â

Â

Â

ORD

Call Options

Purchased

760,000

4.0000

European

25 Jul 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

20 Jun 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

20 Jun 2012

ORD

Call Options

Written

-75,900

4.3890

European

6 Jul 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

20 Jun 2012

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to contracts for differences (“CFDs”) or spread bets.

The currency of all prices and other monetary amounts should be stated.

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.